Name and Location
Ichthys liquefied natural gas (LNG) project, Australia.

Client
The project is a joint venture (JV) between Inpex (72.805%), Total (24%), and the following, which are subject to approval by the Australian government: Tokyo Gas (1.575%), Osaka Gas (1.2%) and Toho Gas (0.42%).

Project Description
The Ichthys LNG project is expected to produce 8.4-million tons of LNG and 1.6-million tons of liquefied petroleum gas (LPG) a year, along with about 100 000 bbl/d of condensate at peak capacity. Gas from the Ichthys field, in the Browse basin off the coast of Western Australia, will undergo preliminary processing offshore to remove water and raw liquids, including condensate.

The gas will then be exported to the onshore processing facilities, in Darwin, through an 889 km pipeline.

Key offshore facilities will include a central processing facility; a floating production storage-offloading vessel; umbilicals, risers and flowlines; and a gas export pipeline.

Onshore facilities include a two-train LNG plant at Blaydin Point on Middle Arm peninsula, in Darwin, Northern Territory; LPG and condensate processing plants; storage tanks for LNG, LPG and condensate; administration facilities; utilities and services; power generation infrastructure; and a product offloading jetty.

Value
$34-billion.

Duration
Production is expected to start by the end of 2016.

Latest Developments
CB&I has been awarded a contract of more than $80-million by JKC Australia. The scope of work includes the engineering, procurement, construction and precommissioning for noncryogenic storage tanks for the Ichthys project’s LNG facilities.

The cryogenic tanks are required for the storage of LPG and LNG, and the noncryogenic tanks for the storage of condensate and for other uses on site.

CB&I will provide three condensate storage tanks and 15 smaller storage tanks for fire water, service water, heating, solvent make-up and a propane sphere.

Two of the condensate tanks will have a capacity of more than 66 m³ and the smaller tanks will hold 4 995 m³ of product.

The project is expected to be completed in 2015.

Key Contracts and Suppliers
JKC JV, comprising JGC Corporation; KBR, Chiyoda Corporation (onshore LNG facility); Samsung Heavy Industry (central processing facility); General Electric (subsea production system); McDermott, in cooperation with Heerema (subsea flowline construction and installation); Mitsui-Europipe, Sumitomo and Nippon Steel-Metal One (gas export pipeline manufacture); Mitsui-Bredero Shaw (gas export pipeline – concrete coating); Saipem (gas export pipeline – pipelay); Mitsubishi Heavy Industries (compressors and motors), Macmahon-John Holland JV (site development civil works) and CB&I.

On Budget and on Time?
Too early to state.

Contact Details for Project Information
Inpex (Tokyo office) public relations, tel +81 3 5572 0233.
JGC Corporation, email ir@jgc.co.jp.
KBR, tel + 1 713 753 2000.
Chiyoda Corporation, tel + 81 45 521 1231, fax +81 45 503 0200.
Samsung Heavy Industry, tel +82 2 3457 7285.
General Electric corporate VP communications and public affairs Gary Sheffer, tel +1 203 373 3476 or email gary.sheffer@ge.com.
McDermott, tel +1 281 870 5000.
Heerema, tel + 31 71 579 9000 or fax +31 71 579 9099.
Sumitomo Corporate Communications Department, tel +81 3 5166 3100.
Saipem, tel +39 02 5201 or fax +39 02 520 44415.
Mitsubishi Heavy Industries, tel +81 45 200 6193, fax +81 45 200 7189.
Macmahon Holdings, tel +61 8 9232 1000 or fax +61 8 9232 1001.
John Holland, +61 8 8984 3322 or fax +61 8 8947 2175.
Aker Solutions senior VP investor relations, Lasse Torkildsen, tel +47 67 51 30 39 or email lasse.torkildsen@akersolutions.com.
CB&I, tel +31 70 373 2010.